Indo Count Eyes 15-20% Revenue Growth

Indo Count Eyes 15-20% Revenue Growth

Mumbai-based Indo Count Industries ( ICIL ) engaged in spinning yarns, weaving fabrics and manufacturing textiles, and also offers cotton yarn and cotton knitted fabric is eyeing 15-20 per cent growth in business.

The company, which gets 90 per cent of its revenue from exports is also looking at expanding its markets as well strengthening presence in other markets which includes Australia, Japan, South Africa and the Middle East.

The company which has three manufacturing units in Kolhapur in Maharashtra, is spending around Rs 475 crore in two phases on capacity expansion.

A trusted supplier to the world’s top brands in the home linen space, the company is now working on launching a range of premium bed linen for the Indian market. They are looking to change the dynamics of the current market and transform the way consumers see and experience bed linen.

It’s goal is to bring premium quality products to Indian consumers through Indo Count Retail Ventures P. Ltd (ICRVL), and the launch of the domestic home textile brand ‘Boutique Living.’

The Company exports its products to about 50 countries in over five continents. It has showroom and distribution centers in the United States, the United Kingdom and Australia. It also sells products online through e-tailers.

-Apparel Talk, Indian Apparel